“US mortgage news, interest rate updates, housing market trends, and expert homebuying advice for American borrowers.”
Will Mortgage Rates Bounce Higher on the Expected Fed Rate Cut? As the Federal Reserve gears up for its anticipated interest rate cut this week—marking the first reduction of 2025—homebuyers and homeowners are eyeing mortgage rates with cautious optimism. With the federal funds rate held steady at 4.25%-4.50% throughout the year amid persistent inflation, markets … Read more
Mortgage rates are primarily influenced by the 10-year Treasury yield, which reacts to a mix of economic data, inflation trends, Federal Reserve policy signals, and broader market expectations. Historically, weak jobs reports (indicating economic slowdown) have been a key driver for lower rates, as they increase the odds of Fed rate cuts to stimulate growth. … Read more
The Bank of Canada’s first interest rate cut since March has handed variable-rate mortgage holders immediate relief, but it’s flipping the script on whether fixed or variable makes more sense for new buyers. With Bank of Canada mortgage rates, fixed vs variable mortgages 2025, BoC rate cut impact, Canadian housing affordability, and variable rate savings … Read more
NOC Certificate – When you purchase a vehicle through a loan, there is a process in place to secure the lender’s investment. However, once the loan is fully repaid, the financial institution or bank that provided the loan needs to officially acknowledge that you have fulfilled your obligations. This acknowledgment is provided through an essential … Read more